

Less than 12 hours after an e-mail containing info regarding acquisition-related talks between Apple and U.K music streaming service provider Spotify hit the inbox of several important tech bloggers, the company uncharacteristically dismissed these rumors directly. As also covered here by blogger Louis Gray, the clear and hard-hitting response by the iTunes competitor’s spokesman Jim Butcher was announced Tuesday afternoon in order to swiftly eliminate any and all suspicions of this potential sale of the ever-expanding and ambitious Spotify, anchoring its position even further.
“Spotify has both free and premium offerings. The premium offerings are attractive. When the time comes that I can pay for an account here in the US, rest assured I will. If forced to choose between Sirius XM and Spotify for my roughly $10 to $12 a month, I would get Spotify those dollars.”
According to Gray it becomes clear that even in the light of the dismissal of false rumors, the company certainly has the capacity to outrank its competitors. With a little bit of ingenuity it should be able to gain a reputation in case of a U.S expansion (in which it’s currently not available) on top of its current ones in the making.
Spotify is the rising star with a potential for much more, but that potential can be molded into a lot of things, including investor, Napster founder and President of Facebook Sean Parker’s goals for his music sharing brainchild. His vision made some individuals not particularly happy, as in the light of hinted future social engineering-based prospected revenue, Spotify’s demand may weaken.
Support our mission to keep content open and free by engaging with theCUBE community. Join theCUBE’s Alumni Trust Network, where technology leaders connect, share intelligence and create opportunities.
Founded by tech visionaries John Furrier and Dave Vellante, SiliconANGLE Media has built a dynamic ecosystem of industry-leading digital media brands that reach 15+ million elite tech professionals. Our new proprietary theCUBE AI Video Cloud is breaking ground in audience interaction, leveraging theCUBEai.com neural network to help technology companies make data-driven decisions and stay at the forefront of industry conversations.